Learn about the GST Reverse Charge Mechanism (RCM) applicable to renting passenger vehicles from non-body corporate suppliers to body corporate recipients under specific conditions.
LLP annual return Form 11 must be filed by May 30. Discover requirements, filing process, and consequences for all LLPs, active or not.
Indian residents can claim credit for taxes paid on overseas income to avoid double taxation under Income Tax Act sections 90, 90A, or 91.
Summary of RBI regulations for Core Investment Companies (CICs), including definitions, registration, public funds, investments, and group structure.
Understand Form DPT-3 applicability for companies in India, reporting non-deposit money. Learn who must file and the due date for FY 2024-25 (June 30, 2025).
Supreme Court dismisses plea for contempt against BJP MP Nishikant Dubey over his remarks, while strongly criticizing the statements. Court emphasizes judicial resilience and condemns hate speech.
India’s GST Appellate Tribunal (Procedure) Rules, 2025, effective April 24, introduce digital filing and a framework for resolving pending GST appeals, aiming for efficient dispute resolution.
Taxpayers missing the ITR deadline can claim delayed refunds for TDS/advance tax paid, subject to limits and conditions under CBDT circulars.
India and the US are negotiating a bilateral trade agreement and paused proposed tariffs as they aim to double trade despite new US global tariff policies.
Understand TDS rules for rent payments in India. Learn about thresholds, rates, and compliance for resident and non-resident landlords, and different payer types.